State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges
Author | : Mr. Ernesto Ramirez Rigo |
Publisher | : International Monetary Fund |
Total Pages | : 153 |
Release | : 2021-09-20 |
ISBN-10 | : 9781513594088 |
ISBN-13 | : 1513594087 |
Rating | : 4/5 (087 Downloads) |
Download or read book State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges written by Mr. Ernesto Ramirez Rigo and published by International Monetary Fund. This book was released on 2021-09-20 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.